Verizon and Yahoo! Reportedly Nearing an Agreement on Price Cut for Deal
Verizon's purchase of Yahoo's core internet arm was put in doubt previous year after disclosure of two cyber attacks. Following this new deal, it is likely that Verizon will also share some legal burden with Yahoo over their security breaches, giving Yahoo some breathing space. More than 500 million accounts were affected.
The country's largest wireless carrier announced a year ago it planned to acquire Yahoo's core business for $4.83 billion.
Following reports of a revised deal, Yahoo's stock jumped $0.57 (1.27%) to $45.59 early Wednesday afternoon, while Verizon slipped down $0.30 (0.61%) to $47.98.
Bus Crash in Taiwan Leaves 32 People Killed, 16 Injured
Tsai said the authorities must "make all efforts to save the injured and properly handle the aftermath of the crash". Twenty-four tourists from mainland China were killed in a bus fire in Taiwan a year ago .
It's 2009 again as Fernando Torres scores a stunner in Atletico win
An incident-packed first 45 minutes also saw Celta midfielder Jozabed strike a post, and Torres whack a penalty off the crossbar. Then the stadium pushed us to win the game".
Chrissy Teigen & John Legend Played Toilet Trouble After The Grammys
Chrissy Teigen and John Legend held it down in all demure all-black ensembles. "Okay, he's taking it off..." "I don't know. Teigen's hilarious documentation of her evening certainly jibed well with the social media queen's followers.
While Verizon executives have since said it would be evaluating the implications of the breach and the subsequent investigation, it was unclear whether Yahoo or Verizon was aware of the scope of either large-scale hacks before inking the acquisition deal. That was believed to be the biggest-ever data breach on record until December - when the company disclosed that data from more than 1 billion user accounts was stolen by an unknown party in 2013.
Verizon's telephone business is seeming dated these days, and Yahoo's business won't do much to change that. Yahoo did not immediately have a comment. Yahoo! said on 23 January that, following the leak disclosures, it would now take up to the second quarter for things to be finalised. While there was a lot of speculation about the attack and a lot of finger-pointing as well, there were reports that Verizon would seek a discount from Yahoo. AOL CEO Tim Armstrong will assume oversight of the combined AOL-Yahoo group.
Credit Suisse Net Loss Narrows
Credit Suisse said in a statement that its net loss was narrower than a year-earlier figure of 2.9 million Swiss francs. The news comes just one month after Credit Suisse's CEO Tidjane Thiam had championed a comeback for banks in 2017.
Jumping bank stocks push United States indexes higher; bond yields rise
Markets are not predicting a rate rise at the Fed's policy meeting next month, but that hasn't stopped hawkish speculation. The Fed signaled in December that it expected to raise rates three times in 2017.
Sargento recalls 7 cheeses for possible listeria contamination
The Sara Lee recall involves 734 cases of cheese distributed in Alabama, California, Louisiana, Michigan, Pennsylvania, and Texas. The affected products bear establishment number M/P-34013 or M/P-34733 surrounded by the USDA mark of inspection.
China factory-gate inflation jumps 6.9% in January
And with factory gate prices on the rise, there's signs that those upstream price pressures are now being passed on to consumers. The official beginning of Brexit, likely before the end of March, could trigger a heavy Pound depreciation against the Rand.
Al Sharpton Will Picket Madison Square Garden Unless Charles Oakley Ban Lifted
According to Ian Begley of ESPN New York , Oakley told ESPN's Dan Le Batard that he also wants ownership to apologize to the fans. Dolan accused Oakley of having anger management issues and strongly suggested that Oakley is an alcoholic. "Both Mr.
Melissa McCarthy Returns to SNL as Sean "Spicey" Spicer
The eight-minute sketch once again depicted Spicer's combative tone with the press. But of course with Donald Trump, we do know. Yeah, I said that wrong when I said it.
Andromeda quests inspired by Witcher 3
In this interview with the Official Xbox Magazine (UK), he further added blades as one of the craftable melee weapons. Michael Gamble, Mass Effect Andromeda Producer, gave some of his insights in the story regarding the upcoming game.
Krauthammer on Flynn-Russia Report: 'There Is No Crime'
Eliot Engel (D-NY), the ranking Democrat on the House Foreign Affairs Committee, said Friday in a statement. Ruben Gallego of Arizona and Ted Lieu of California said . "He is the national security adviser", he added .
Leicester boss Ranieri holds crisis talks with Mahrez and Vardy
He told Press Association Sport: "I know he is a very capable coach, a very good person and he will produce and give the best. Leicester have reached the last 16 of the Champions League and play Sevilla later this month.
Should Arsenal forward Alexis Sanchez's opener been ruled out for handball?
Arsenal were awarded a penalty in the dying minutes of the game after a handball from Sam Cluclas that prevented an Arsenal goal. DF Kieran Gibbs, 6 - Afforded a run-out ahead of Nacho Monreal, Gibbs was given a tricky afternoon's work by Markovic.